It would appear that a substantial shareholder had been aggressively dumping the shares lately. Don't know true or not but the way they invest was to buy high and to later sell low.
It does look as though EPF has been selling hard possible to use the fund for other investment. Possible also to release the share for later play possible to go up or down.
Today & yesterday, the shares traded were huge at 8.34m & 11.10m respectively. The share price was bashed down to as low as RM1.28. I think we all know who is the culprit aggressively dumping off their shares at a loss again during these 2 days. Next week through the announcements, we shall find out & laugh out loud at their kamikaze actions.
12-Apr-2019 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) disposed 1,000,000 shares on 09-Apr-2019. 11-Apr-2019 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) disposed 3,400,000 shares on 08-Apr-2019. 09-Apr-2019 Insider EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) disposed 4,000,000 shares on 04-Apr-2019.
Posted by chanph > Apr 14, 2019 12:57 PM | Report Abuse Check out DRBHCOM for the past month, maybe we can get study something from EPF selling pattern
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 3170 views | 3 d ago
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New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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reach_rich
418 posts
Posted by reach_rich > 2019-03-12 15:06 | Report Abuse
idiot